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Fitch warns that US may lose its top 'AAA' rating if country goes over the 'fiscal cliff'

by: Associated Press

Updated: December 19, 2012 - 7:34 AM

NEW YORK - Fitch warned that the U.S. is more likely to lose its top-notch "AAA" rating if lawmakers cannot agree on how to cut the deficit and avoid the broad government spending cuts and tax increases that go into effect next year if no deal is reached.

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